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Devils Rumors

Devils, Luke Hughes At An Impasse Regarding Contract Length

August 30, 2025 at 8:30 pm CDT | by Brennan McClain 19 Comments

Aug. 30th: Speaking directly about the negotiations with Hughes in a recent interview with James Murphy of RG Media, Devils General Manager Tom Fitzgerald was quoted as saying, “Eventually, this will get done. The 11th hour is training camp. Right? A lot of times, a lot of the stuff doesn’t get done until the 11th hour. We’re hoping we can get something done here in quick fashion, and both sides are working hard at it; that’s for sure.”

Although he didn’t indicate that this was something that Hughes’ camp was directly threatening, Fitzgerald did acknowledge the possibility of a holdout, saying, “At the end of the day, when really the only leverage the player has at this point in their career is holding out, that stinks. I don’t think anyone wins, quite honestly, when that happens. So Pat and I are trying hard to get this thing to come to some common ground.”

Aug. 29th: Aside from Mason McTavish of the Anaheim Ducks, defenseman Luke Hughes of the New Jersey Devils is objectively the highest-profile restricted free agent remaining from this summer’s class. Unfortunately, according to Ryan Novozinsky of NJ.com, Hughes is expected to remain an RFA unless heavy concessions are made on either side regarding the length of his next contract.

According to Novozinsky’s report, the Devils are focusing on either a two-year bridge deal or a longer-term eight-year extension for Hughes, while the defenseman is requesting a five-year contract. A five-year contract would walk Hughes into unrestricted free agency after the 2029-30 season, the same time that his brother, Jack Hughes, would also become a UFA.

That would only escalate the speculation this offseason regarding the brothers’ desire to play together at some point during their NHL careers. Still, the eldest brother, Quinn Hughes, would have already signed an extension with the Vancouver Canucks, or joined a different organization via free agency by that time.

Regardless of the contract length, New Jersey has some work to do regarding Hughes’ eventual salary. If the Devils acquiesce to Hughes’ contract length demands, it’s unrealistic to assume he would sign for a $6MM AAV, which would be the maximum salary the Devils could afford at the time being. Theoretically speaking, New Jersey can exceed the upper limit of the salary cap by 10% over the summer months, but it would only kick the can down the road to the start of the regular season.

That’s likely why the Devils are prioritizing a shorter-term bridge deal for Hughes, which will likely become the eventual compromise between the two sides. Hughes could pursue a three-year deal in a few years, aligning his request to become an unrestricted free agent with Jack’s timeframe. New Jersey would certainly like to keep both players in the Garden State throughout their careers, but their negotiating power will be significantly restricted once Luke becomes eligible for arbitration.

At any rate, the clock is ticking for both sides. Training camp is only a few weeks away, and this isn’t something that either side will want to drag into the regular season. Ultimately, one side will have to become flexible so that Hughes can start the year on time.

New Jersey Devils| Newsstand Luke Hughes

19 comments

Bratt On Track In Recovery From Shoulder Surgery, Will Be Ready For Camp

August 23, 2025 at 10:38 am CDT | by Brian La Rose Leave a Comment

  • The agent for Devils winger Jesper Bratt, Joakim Persson, acknowledged to NJ Advance Media’s Ryan Novozinsky that Bratt will be ready for training camp next month. He underwent shoulder surgery after the playoffs after playing through a nagging issue for multiple seasons but the recovery appears to be fully on track.  Despite the injury, Bratt had a career year last season, leading New Jersey in scoring with a career-high 88 points (21 goals and 67 assists) while chipping in with three points in their five playoff outings.

New Jersey Devils| Pittsburgh Penguins| Washington Capitals Jesper Bratt| Martin Fehervary

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The Devils Looking To Take Next Step

August 17, 2025 at 5:15 pm CDT | by Paul Griser 11 Comments

  • While the organization has taken several steps forward in recent seasons, the New Jersey Devils believe they are now ready to truly compete for the Stanley Cup. Per NHL.com’s Mike G. Morreale, New Jersey assistant general manager Dan MacKinnon said, “To put it succinctly, it’s time to take another step.”  MacKinnon acknowledged that injuries played a role down the stretch last season, which ended with a five-game, first-round loss to the Carolina Hurricanes. Injuries last season included Jack Hughes missing the remainder of the year after undergoing shoulder surgery in March, as well as defensemen Luke Hughes and Brenden Dillon going down in Game 1 of the playoffs. All three are expected to be ready to go to start next season, and the additions of veterans like Connor Brown and Evgenii Dadonov should only help the cause. “I think the one thing we were looking for is better 5-on-5 play, and you look at the goal totals of Brown and Dadonov, a majority come at 5-on-5,” said GM Tom Fitzgerald. “We feel we’ve definitely added to what we felt we needed in depth. But, again, you want players to level out and be consistent with their play from October to the end of the season.”

Buffalo Sabres| New Jersey Devils| Philadelphia Flyers Travis Konecny| Trevor Kuntar

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Players Who Could Start The Season On LTIR

August 16, 2025 at 8:00 am CDT | by Josh Erickson 5 Comments

While only a handful of teams project to need cap relief via long-term injured reserve to open the season, multiple candidates across the league might technically qualify for a placement. Doing so would bar the player from returning until Oct. 31 at the earliest – 24 days from the season start date of Oct. 7.

Avalanche: Logan O’Connor

O’Connor underwent hip surgery in early June. Given the five-to-six-month projected recovery window, he won’t be available until early November at best, putting him past the 10-game/24-day threshold required for LTIR. Colorado, which has $2.10MM in current cap space, will likely place O’Connor on standard IR if they don’t make any other cap-affecting moves between now and October. If they need the relief, though, they could create up to O’Connor’s $2.5MM cap hit in cushion for the first few weeks of the season if they need it.

Blues: Torey Krug

St. Louis general manager Doug Armstrong announced in May that Krug’s career is done because of pre-arthritic conditions in his left ankle that surgical intervention only slowly corrected. Since the Blues only have around $625K in cap space, Krug and his $6.5MM cap hit will be going on LTIR as soon as they need the flexibility for a call-up.

Canadiens: Carey Price

What’s certain is that Price won’t play this season or ever again. He’s entering the final season of his contract at a $10.5MM cap hit after confirming nearly two years ago that his knee injury would prohibit him from suiting up again. What’s uncertain is whether or not he’ll begin the season on LTIR. Montreal isn’t in a great position to optimize its LTIR relief, either by matching his cap hit in excess or getting down to $0 in space before placing him on the list. That’s made his contract a trade chip for teams who might need the relief more.

Devils: Johnathan Kovacevic

Kovacevic underwent knee surgery in early May and won’t be ready for training camp and likely opening night as well. Whether that stretches past Oct. 31 and makes him eligible for an LTIR placement if New Jersey needs cap relief early on remains to be seen.

Flyers: Ryan Ellis, Rasmus Ristolainen

Ellis’ career is over after sustaining a wide-ranging muscular injury in his pelvis just four games into his Flyers tenure in 2021. Ristolainen underwent a procedure on his right triceps tendon on March 26 with a six-month recovery time, putting him right on the edge of potential LTIR eligibility. Philly will have a better idea of the latter’s LTIR deployment potential after he undergoes his training camp physical. With $370K in cap space, they’re in a good position for near-max LTIR capture and will almost certainly at least place Ellis there to begin the year to give them call-up flexibility.

Golden Knights: Alex Pietrangelo

Pietrangelo is already on offseason LTIR, meaning the Knights actually still have to add an additional $1.2MM to their roster before opening night to optimize his capture and unlock his full $8.8MM cap hit’s worth of relief for this season. The team confirmed he requires multiple undisclosed but significant surgeries that will likely mark the end of his playing career, but it’s unclear if he’s actually had them done yet.

Jets: Adam Lowry

Lowry underwent hip surgery in late May and won’t be available until after Thanksgiving at the earliest. Winnipeg likely won’t be formalizing an LTIR placement with nearly $4MM in cap space, though.

Mammoth: Juuso Välimäki

Välimäki underwent ACL surgery in early March. He likely won’t end up on LTIR given Utah’s current cap flexibility ($6.68MM), but he’ll be out until at least early November so he’ll be there as an early-season option in case they need relief for whatever reason.

Oilers: Zach Hyman

Hyman’s inclusion here is on the speculative side. The winger could very well be ready for the start of the season. However, there hasn’t been much clarity on how much recovery he still needs after undergoing surgery to repair a severe wrist injury that kept him out of the Stanley Cup Final. A report in early June indicated there was uncertainty about his status for training camp, with no meaningful updates since then.

Panthers: Matthew Tkachuk

Tkachuk told ESPN’s Greg Wyshynski earlier this month that he’s still deciding whether he wants to undergo surgery to address the adductor issue that hampered him down the stretch and in the playoffs after sustaining it at the 4 Nations Face-Off. All signs point to him opting for it and spending the next two to three months on the shelf as a result, though. Placing him on LTIR is the only way the Panthers, who currently have a cap exceedance of $3.725MM, can be compliant to start the season without shedding a significant contract, something they aren’t keen to do.

Wild: Jonas Brodin

Minnesota has $9.41MM in cap space, but that number will shrink once they re-sign restricted free agent Marco Rossi (or add salary while trading his signing rights). Neither scenario will likely push them into a situation where they need to use LTIR relief, but they might have Brodin and his $6MM cap hit as an option for some short-term flexibility if required. He underwent an upper-body procedure in early June and is questionable for the beginning of the season, so it’s not yet clear if he’ll miss enough time to qualify.

Colorado Avalanche| Edmonton Oilers| Florida Panthers| Injury| Minnesota Wild| Montreal Canadiens| New Jersey Devils| Philadelphia Flyers| St. Louis Blues| Utah Mammoth| Vegas Golden Knights| Winnipeg Jets Adam Lowry| Alex Pietrangelo| Carey Price| Doug Armstrong| Johnathan Kovacevic| Jonas Brodin| Juuso Valimaki| Logan O'Connor| Marco Rossi| Matthew Tkachuk| Rasmus Ristolainen| Ryan Ellis| Torey Krug| Zach Hyman

5 comments

Poll: Who Will Be The Next RFA To Sign?

August 10, 2025 at 2:35 pm CDT | by Gabriel Foley Leave a Comment

The summer is winding down across the NHL, but a rich group of remaining restricted-free agents are keeping multiple teams from closing their books just yet. There are still multiple top, young players awaiting contracts for the 2025-26 season – including top-line features like Luke Hughes, Marco Rossi, and Mason McTavish. Pending any holdouts, it seems hard to imagine any of the top names not finding a new deal before the start of the season. But who will get the assurance next?

Hughes seems like a confident bet. There’s no denying the warm relationship between his family and the New Jersey Devils organization, and both team and player have already expressed interest in locking up a long-term contract. But that desire has been the exact hang-up in contract negotiations, as the Devils sit with just over $6.1MM in available cap space, per PuckPedia. Hughes scored 44 points in 71 games last year, and 47 points in 82 games in the year prior. That scoring is the second-most from any U23 defender in the NHL over the last two seasons, just behind Jake Sanderson (95 points) and ahead of Brock Faber (76 points).

Both Sanderson and Faber have already found their contracts for the future – each signing eight-year deals with cap hits north of $8MM. That seems to set a clear market for what Hughes, but it’s a price tag that New Jersey is currently priced out of. Landing a new deal with Hughes will seemingly take a gentleman’s agreement, or a supplemental move like parting with the $1.15MM cap hit of Kurtis MacDermid.

New Jersey’s holdups could pave way for Anaheim Ducks center McTavish to land a deal first. McTavish is another undeniable talent, who worked his way to a lofty 22 goals and 52 points in 76 games last season – good for second on the Ducks in scoring. He seems well set up for another big step next season, on an improved Ducks lineup with a new head coach. But McTavish’s continued divide with a rich Ducks team – currently wielding $20.54MM in cap space – has many speculating about what the two sides could be disagreeing on. That dialogue has made McTavish a top option for any team considering a late-summer offer sheet, though Anaheim’s rich cap space would make it tough to successfully buy McTavish. Instead, it seems the two sides will be tasked only with deciding between a short-term bridge deal or a deal that carries McTavish through his prime.

The Minnesota Wild will be facing a similarly challenging question with top center Marco Rossi. Rossi is another player who managed a true breakout last year, with 24 goals and 60 points in 82 games. He stepped into a prime role with the Wild in the second-half of the year, taking on the top-line center role with Joel Eriksson Ek out with injury and routinely earning north of 20 minutes of ice time. Rossi looked up to the task, but then was surprisingly relegated to a fourth-line role for Minnesota’s six postseason games. The Wild are clearly at ends with the question of whether Rossi’s 5-foot-9 frame can stand up to a true #1 role. That hang-up has made Rossi’s situation perhaps the most likely to drag through the pre-season. And still, it’s hard to imagine Minnesota will give up easily on their most recent top-10 draft pick. Rossi could be a strong candidate for a short-term, prove-it contract – which would give Minnesota the time to figure out his lineup role. The Wild sit with just over $9.4MM in cap space.

There are plenty of strong candidates to sign next outside of the big three names. The gap between the Calgary Flames and impressive center Connor Zary has been revealed as narrow. Multiple players have already carved out lineup roles with their signing team, and now only need the deal to prove it – players like Seattle’s Ryker Evans and Nashville’s Luke Evangelista. And other teams are merely one contract away from a full book, like the Vegas Golden Knights with winger Alexander Holtz. Any of those situations could quickly cave, and land another promising young player with the ramp they need for next season.

Who do you think will sign next? Answer in the poll below and let us know why in the comments:

Which RFA Will Sign Next?
Luke Hughes 39.39% (269 votes)
Mason McTavish 22.69% (155 votes)
Connor Zary 14.93% (102 votes)
Marco Rossi 12.15% (83 votes)
Luke Evangelista 10.83% (74 votes)
Total Votes: 683

Mobile users click here to vote.

Anaheim Ducks| Minnesota Wild| NHL| New Jersey Devils| Players| RFA Alexander Holtz| Connor Zary| Luke Evangelista| Luke Hughes| Marco Rossi| Mason McTavish| Ryker Evans

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Devils, Luke Hughes Not Interested In Bridge Deal

August 7, 2025 at 10:55 am CDT | by Josh Erickson 23 Comments

Luke Hughes and the Devils have remained in contract talks throughout the offseason, a luxury they have thanks to the star defender carrying 10.2(c) status that makes him ineligible for an offer sheet. While they remain without a pact, they’re at least aligned on the length of a contract. Sportsnet’s Luke Fox said on yesterday’s Halford & Brough In The Morning radio show on Sportsnet 650 that both sides have focused on a long-term deal, likely a seven-year contract.

That’s in line with the approach New Jersey has taken with their other young stars. They gave forward fixtures Nico Hischier and Jack Hughes seven and eight-year deals, respectively, upon expiry of their entry-level contracts. The younger Hughes, now in the same position, should easily be able to command more than Jack’s $8MM AAV if the Devils are willing to go there.

Evidently, they aren’t. The only two players making more than Jack Hughes on the Devils’ roster were external additions – UFA splash Dougie Hamilton (who was signed before Jack signed his extension) and winger Timo Meier, who was extended shortly after New Jersey paid a steep price to acquire him from the Sharks. There’s also the matter of the Devils’ cap space. They only have $6.1MM to spend, per PuckPedia, although that figure is artificially low. That assumes a full 23-player roster – i.e., they’d naturally open up a bit of space by clearing a spot for Luke – and no LTIR placement for defenseman Johnathan Kovacevic ($4MM cap hit) out of the gate. He had knee surgery in May and won’t be ready for camp.

The Devils thus likely have the short-term flexibility to sign Luke to a long-term deal in that $8MM range, but clearing space once Kovacevic is ready to return might be an issue. There are a few risks with going long-term with Hughes now – for one, he’s still so young that a seven-year deal would make him a UFA at his expected peak following his age-28 season, but those are risks both sides appear comfortable taking. The remainder of their talks, as such, will be purely centered around annual compensation.

There are some candidates for cap-clearing moves, which have already been speculated about at length this summer. Hamilton’s $9MM AAV likely exceeds his market value at this stage of his career, while winger Ondrej Palat’s $6MM price tag is a significant drag after scoring just 28 points in 77 games last season. With both boasting no-movement clauses, though, moving on from either of them is no guarantee.

There are still weeks left of runway for the Devils and Hughes to continue ironing out a deal before camp. Obviously, being same-minded on the rough structure and length of the deal is one fewer hurdle they have to jump over before a deal gets registered.

New Jersey Devils Luke Hughes

23 comments

Salary Cap Deep Dive: New Jersey Devils

August 5, 2025 at 9:00 pm CDT | by Brian La Rose 1 Comment

Navigating the salary cap is one of the most important tasks for a front office.  Teams that can avoid total cap chaos by walking the tightrope of inking players to deals that match their value (or compensate for future value without breaking the bank) remain successful.  Those who don’t often see struggles and front office changes.

PHR will look at every NHL team and give a thorough look at their cap situation for the 2025-26 season.  This will focus more on players who are regulars on the roster versus those who may find themselves shuttling between the AHL and NHL.  All cap figures are courtesy of PuckPedia.  We’re currently covering the Metropolitan Division, next up are the Devils.

New Jersey Devils

Current Cap Hit: $89,368,333 (below the $95.5MM Upper Limit)

Entry-Level Contracts

D Seamus Casey (two years, $950K)
F Arseni Gritsyuk (one year, $925K)
D Simon Nemec (one year, $918.3K)

Potential Bonuses
Casey: $350K
Gritsyuk: $500K
Nemec: $3.25MM
Total: $1.1MM

Gritsyuk has come over after some productive seasons in the KHL to ideally deepen their attack offensively.  His contract has a November 15th European Assignment Clause so even if he starts in the minors with Utica, he can’t stay there for long.  If he can stick with New Jersey full time, he could have a chance of getting at least one of his ‘A’ bonuses.

Casey was quite productive in a limited stint with the Devils last season where he had eight points in 14 games while producing at a similar per-game rate with Utica.  He could be viewed as a regular this season or could be the first recall with the latter making his bonuses unlikely and likely moving him toward a bridge deal in 2027.  Nemec saw very limited time with New Jersey, instead spending a big chunk of the season with the Comets, an outcome he wasn’t too pleased with.  He’s likely to fill a depth role if he’s up with the big club which makes his $1MM in ‘A’ bonuses unlikely.  A short-term second contract makes sense for both sides; if Nemec can lock down a regular role this season, it could land around the $2MM mark.

Signed Through 2025-26, Non-Entry-Level

F Paul Cotter ($775K, RFA)
F Evgenii Dadonov ($1MM, UFA)
G Nico Daws ($812.5K, RFA)
F Juho Lammikko ($800K, UFA)
G Jacob Markstrom ($4.125MM, UFA)*

*-Calgary is retaining an additional $1.875MM of Markstrom’s contract

Potential Bonuses
Dadonov: $2.25MM

Dadonov provided Dallas with some solid secondary scoring last season, notching 20 goals and 20 assists despite playing less than 14 minutes a night.  However, given his age (36), his offers were bonus-laden.  He can hit $1.25MM of those by simply reaching 50 games (250K for each ten) with some additional incentives unlockable by team playoff success.  Given that Dadonov acknowledged his offers were similar to this one, it’s safe to say that this type of structure will likely be what he receives moving forward as well.

Lammikko spent the last three years in Switzerland but was brought back to North America with a one-way deal.  He’s likely to battle for a spot on the fourth line and when you factor in his performance in his first stint in the NHL, there could be a bit of room to grow the contract but he’s likely to stay around the $1MM mark next time out.  Cotter potted 16 goals last season despite being in the bottom six while being one of the more physical players in the league.  That type of output will look good in an arbitration hearing and while they’re not direct comparables, it wouldn’t be shocking if his camp was eyeing the $3MM per season that Columbus gave to Mathieu Olivier a few months ago.

Markstrom had a solid first season in New Jersey, helping to stabilize a position that had its challenges before then.  However, he’ll be 36 when his next deal kicks in.  A three-year deal might be doable but it’d be surprising to see him land around the $8MM mark that some other proven starters have received.  A small raise on his full cap hit could be doable though.  Daws projects to be the third goalie but it would be surprising to see him get through waivers unclaimed so if the Devils don’t want to risk it, they’ll have to keep him up with the big club.  If that happens and his playing time is limited, he might not be able to command much more than his $892.5K qualifying offer.

Signed Through 2026-27

D Brenden Dillon ($4MM, UFA)
F Cody Glass ($2.5MM, UFA)
F Nico Hischier ($7.25MM, UFA)
F/D Kurtis MacDermid ($1.15MM, UFA)
F Dawson Mercer ($4MM, RFA)
F Stefan Noesen ($2.75MM, UFA)
F Ondrej Palat ($6MM, UFA)

Hischier’s contract looked a little risky when it was first signed as he was coming off a 47-point sophomore season.  While expectations were still high for the first-overall pick, this deal wouldn’t have aged well if the offense didn’t come around.  But it did do just that as he has become one of the top defensive centers in the NHL while reaching the 60-point mark in four straight seasons.  Since Hischier started in the NHL at 18, he’ll only be 28 when his next contract begins, meaning he’s a strong candidate for another max-term pact, seven years with New Jersey or six elsewhere.  A sizable raise should be coming his way as he could push past the $9MM mark on his next contract.

Palat’s contract simply hasn’t worked out as planned.  Signed to be a secondary scorer, he instead has seen his per-game output drop to the lowest rates of his career with a corresponding drop in ice time to under 14 minutes per game.  Assuming that trend continues, he’s someone they might be looking to incentivize a team to take while a buyout could be on the table next summer as well.  Palat still has some value but his market rate is less than half of what he’s making.  It wasn’t that long ago that Mercer looked like a can’t-move core piece but his output has tailed off the last two seasons as well.  After putting up 56 points in his sophomore year, he has only put up 33 and 36 since then.  He’ll be owed a $4.25MM qualifying offer two years from now with arbitration rights but as things stand, he’d be hard-pressed to land any sort of notable raise.

Noesen parlayed a pair of quietly efficient seasons in Carolina into this deal, one that more than doubled his career earnings.  The early return looks positive as he’s coming off a career year and played higher up the lineup than he did with the Hurricanes.  If this continues, he could push more toward the $4MM range next time.  New Jersey originally didn’t plan to re-sign Glass but assessed what the center market was going to look like and ultimately brought him back.  He has shown flashes of top-six upside but has largely been a bottom-six option in his career, meaning that this is the price range he’ll continue to be in unless he can break through offensively.  MacDermid has sparsely played in recent years and when he has suited up, playing time has been minimal.  While they’d like to keep an enforcer around, he’s also a candidate to be waived if they need more money to re-sign a certain restricted free agent that we’ll get to shortly.  Given his limited usage, he might be closer to the minimum salary on his next contract.

Dillon was his usual self in his first season with New Jersey.  He was last in ATOI among full-time blueliners but still logged right around his career average in playing time.  He killed penalties, blocked shots, and played with physicality and as we’ve seen in recent years, that profile is starting to cost more.  However, Dillon will be turning 37 early in his next contract so he could be in a spot like Dadonov where he’ll have to go year-to-year moving forward.

Signed Through 2027-28

D Dougie Hamilton ($9MM, UFA)
D Jonas Siegenthaler ($3.4MM, UFA)

In his prime, Hamilton was a premier offensive defender.  He’s not in his prime now but is still an above-average one, albeit one who has dealt with some injury issues the last couple of years.  No longer a top-pairing player, his contract skews toward the above-market side and will likely remain there for the next three years.  By the time he hits the open market again at 35, his price tag might be closer to half of this amount.  Siegenthaler has been a reliable stay-at-home player in New Jersey but, like Hamilton, has had some injury issues.  He’ll need to stay healthier moving forward if he wants to push past the $4MM mark on his next contract.

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Signed Through 2028-29

F Connor Brown ($3MM, UFA)

Brown’s decision to spend a second season in Edmonton was a wise one as he had a 30-point effort and a strong playoff run, helping him earn a contract larger and longer than many expected.  If he stays around the 30-point mark, that production, coupled with his capable defensive game, should be enough to give the Devils at least a reasonable return on this deal.

Signed Through 2029-30 Or Longer

G Jake Allen ($1.8MM through 2029-30)
F Jesper Bratt ($7.875MM through 2030-31)
F Jack Hughes ($8MM through 2029-30)
D Johnathan Kovacevic ($4MM through 2029-30)
F Timo Meier ($8.8MM through 2030-31)
D Brett Pesce ($5.5MM through 2029-30)

The Devils paid a high price for Meier, both in terms of the contract and what they gave up to get him from San Jose a little more than two years ago.  The early returns haven’t been great.  While he notched 40 goals in 2022-23, he hasn’t reached 30 in the two years since then, nor has he even reached 55 points.  He’s producing more like a second liner while being paid like a top liner which isn’t ideal, even with the premium that teams often have to pay for power forwards with any sort of good offensive track record.  But even with that, this probably isn’t viewed as a significant overpayment by other teams given the scarcity of players like him in the league.  It’s never going to be a positive-value contract but it shouldn’t be an issue for New Jersey.

Hughes, on the other hand, has been a value deal for a little while already and projects to be so for the remaining five seasons.  He’s a legitimate high-end talent making lower-end top-line money while playing a premium position.  The best may still be yet to come too.  Depending on how he and the cap progress over the next half-decade, it’s not unfathomable that he could come close to doubling this price in 2030.  Bratt has been a consistent top-line producer for four years now, averaging just under a point per game over that span while being a solid defensive winger as well.  And yet, he still arguably flies under the radar.  Right now, this is a fair-market contract if not a small bargain; it will become more of a bargain as the cap continues to rise.

Pesce is one of the few true shutdown defensemen to get a big contract on the open market, coming over last summer from Carolina.  His offensive game has tailed off a bit the last couple of years but he’s a strong enough defensive player to provide them with solid value for at least the next few seasons.  Kovacevic was a low-cost pickup from Montreal last summer and completely exceeded expectations, going from a projected role player to an every-game core defender.  He signed this extension early and given how few options there were in free agency, he ultimately might have left money on the table in doing so.

Allen was expected to be the top goalie available in a weak free agent class at that position but signed just before the market opened up.  Five years is a risk considering he turns 35 later this week but they’re also going to get him at a below-market price for a while.  The last year or two could be a problem but Allen should provide lots of surplus value in the first few seasons to make up for it.

Still To Sign

D Luke Hughes

The Devils would undoubtedly like to sign Hughes to a max-term deal.  However, the price tag for such an agreement would likely push past his brother’s $8MM AAV and that’s something they simply don’t have the cap space for, short of carrying a smaller roster when everyone’s healthy.  (Starting Kovacevic on LTIR could buy them some short-term flexibility if nothing else.)  But if they don’t want to carry closer to the minimum number of skaters or cut anyone else off the roster, a short-term bridge deal might be what they have to work out.  Even that contract would take up the bulk of their remaining cap space.

Buyouts

None

Retained Salary Transactions

None

Carryover Bonus Overage Penalty

$1MM

Best Value: (non-entry-level) J. Hughes
Worst Value: Palat

Looking Ahead

GM Tom Fitzgerald has his work cut out for him over the next few weeks.  Can he find a way to open up some cap space, allowing him to sign the younger Hughes to a longer-term deal or will they have to bridge him?  Either way, the end result isn’t likely to yield much spendable cap space, putting them in a spot where they might be hard-pressed to do much at the trade deadline while also setting themselves up for a bigger bonus overage penalty next year, assuming Dadonov stays healthy.

The flexibility should be opening up soon enough.  They have around $24MM in space for 2026-27, a number that obviously will go down when Hughes signs but that’s enough room to keep Markstrom and keep the rest of the core intact.  But for 2027-28, they have more than $62MM in flexibility.  That will be the time that Fitzgerald can really start to reshape his roster if he sees fit.  It’ll be tight for a little while yet but more breathing room on the cap side is coming.

Photos courtesy of Charles LeClaire and Ed Mulholland-Imagn Images.

New Jersey Devils| Pro Hockey Rumors Originals| Salary Cap Deep Dive 2025

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Stefan Matteau Announces Retirement, Becomes Coach

July 31, 2025 at 7:30 pm CDT | by Josh Erickson 1 Comment

Jul. 31st: Matteau will only have to take a different pathway around the bench for the next portion of his career following his playing days on the ice. According to Aaron Portzline of The Athletic, Matteau will become the next assistant coach for AHL Cleveland. He’ll replace former coach Mark Letestu, who became the next head coach of the AHL’s Colorado Eagles this offseason.

May 12th: Longtime minor-leaguer Stefan Matteau has retired, the AHL’s Cleveland Monsters announced Monday.

Matteau, 31, had spent the last two seasons on AHL deals with the Blue Jackets’ affiliate. Injuries limited him to only four goals and 13 points in 30 games during that time, but he did dress as the team’s captain when healthy in 2024-25 and contributed seven points in 15 games.

The son of former NHLer Stephane Matteau kicked off his professional career with a bang. A versatile 6’2″, 207-lb forward with good skating and a heavy-hitting game, he went 29th overall to the Devils in the 2012 draft. His post-draft season was peculiar – he was recalled midway through the campaign from his junior team, the QMJHL’s Blainville-Boisbriand Armada. He spent two months with the Devils before finishing the campaign in juniors again. That initial stretch of three points in 17 games in New Jersey for Matteau would end up standing as one of his career’s most extended NHL stretches.

The Illinois native never spent a full season on an NHL roster and bounced between the Devils, Canadiens, Golden Knights, Avalanche, and Blue Jackets over his 13-year professional career that included seven partial seasons of NHL action. He last played with Colorado in the 2021-22 campaign and totaled a 6-5–11 scoring line in 92 appearances with a -18 rating, averaging 10:15 per game.

Matteau spent nearly all of his career on this side of the Atlantic aside from the 2022-23 campaign, which he split between Sweden’s Linköping HC and Germany’s ERC Ingolstadt. He posted 21 points in 35 regular-season games between the two overseas clubs, including 20 in just 19 games with Ingolstadt.

As for his AHL career, the power winger wraps it up with 76-93–169 in 411 games across 10 seasons with 477 PIMs. All of us at PHR wish Matteau the best in retirement.

Colorado Avalanche| Columbus Blue Jackets| Montreal Canadiens| New Jersey Devils| Retirement| Vegas Golden Knights Stefan Matteau

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Dadonov Had A Few Offers In Free Agency, Gritsyuk Has Mid-November Assignment Clause

July 28, 2025 at 8:00 pm CDT | by Brian La Rose Leave a Comment

One of the more under-the-radar signings on the opening day of unrestricted free agency this month was the Devils signing winger Evgenii Dadonov to a one-year, $1MM contract that also contains $2.25MM in games played and playoff bonuses.  He told Sports.ru’s Dmitry Shevchenko that he had two or three other similar offers on the table in terms of money and bonus-laden structure while not giving much consideration to the offers made for him to return home to the KHL.  Dadonov is coming off a 20-goal, 20-assist season in Dallas but saw his role reduced in the playoffs which likely didn’t help his cause on the open market this month.

  • Still with the Devils, prospect winger Arseni Gritsyuk acknowledged to Alexey Shevchenko of Sport-Express that he has a European Assignment Clause in his deal. It will kick in if he’s not on New Jersey’s roster by November 15th.  The 24-year-old had a strong showing with SKA St. Petersburg of the KHL last season, notching 17 goals and 27 assists in 49 games, helping earn him a one-year, entry-level pact back in May.  It appears Gritsyuk is open to starting the season with AHL Utica but only for a short period of time.

Boston Bruins| KHL| New Jersey Devils| Pittsburgh Penguins| QMJHL Arseni Gritsyuk| Brady Peddle| Evgenii Dadonov| James Hagens

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Devils Sign Thomas Bordeleau To Two-Way Deal

July 24, 2025 at 9:23 am CDT | by Josh Erickson 1 Comment

The Devils announced Thursday they’ve signed restricted free agent forward Thomas Bordeleau to a two-way deal, which carries a $775K NHL salary and a $100K AHL salary with a $125K guarantee.

New Jersey acquired the rights to the 23-year-old earlier this month from the Sharks, sending depth center Shane Bowers the other way. A 2020 second-round pick, Bordeleau was once one of San Jose’s more promising prospects with a strong body of work over his two seasons at the University of Michigan. However, his development in the minors never took off, while others in the Sharks’ deep pool of young players surpassed him.

Last season was especially trying for the Houston native. He still put up a 14-24–38 scoring line in 59 games for the AHL’s San Jose Barracuda, but that 0.64 points per game pace was a step back from last year’s, and he only received a one-game NHL call-up after recording 11 points in 27 games for the Sharks in 2023-24.

There’s more of an opening for a young depth center in New Jersey than there was in San Jose, especially with Erik Haula and Curtis Lazar leaving the organization this offseason and no meaningful additions down the middle outside of overseas signing Juho Lammikko. If he can rediscover that previous NHL form he showed in short bursts with the Sharks, there’s an opening – albeit a slim one – for Bordeleau to make the team out of camp.

While undersized, his game has historically been more effective down the middle. If he doesn’t crack the roster, he’ll need to clear waivers to head to AHL Utica – something he’s never had to do before.

With Bordeleau signed, the Devils have 47 of their 50 contract slots filled for 2025-26. The only other unsigned RFA in the organization is star defenseman Luke Hughes, who remains without a deal as New Jersey has $6.9MM in cap space, per PuckPedia.

New Jersey Devils| Transactions Thomas Bordeleau

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